The record date for determining shareholders’ eligibility for the dividend has been fixed as Tuesday, June 24, 2025. The dividend will be paid within the legally prescribed timelines.
This dividend announcement comes on the heels of Vedanta’s Rs 3,028 crore stake sale in its subsidiary Hindustan Zinc Ltd (HZL), as part of a broader plan to deleverage the balance sheet and prepare for its impending demerger into sector-specific verticals.
Vedanta has consistently been among India’s top dividend payers. According to Trendlyne data, the company paid a total dividend of Rs 32.50 per share in the previous fiscal year, translating to a dividend yield of 7.11% based on recent market prices.
The company has sold a 1.6% stake in Hindustan Zinc via an institutional block deal earlier on Wednesday. The stake sale, which raised Rs 3,028 crore, was executed through an accelerated bookbuild process and involved 66.7 million shares.
The company had said the capital raised would help “de-leverage the balance sheet and enhance financial flexibility” as it moves forward with its demerger into standalone entities. It added that the transaction “reflects continued investor confidence in Vedanta’s strategic direction,” referencing the group’s operational improvements and long-term value creation efforts.Ahead of the board meeting, shares of Vedanta were trading 1.1% lower at Rs 454.10 post noon. Post the dividend announcement, shares of the company were trading flat at Rs 458.75 on the BSE, recovering from earlier losses. The stock has had a modest run over the past year, gaining 0.88%, and rising 2.71% year-to-date. Over the past month, it is up 3.50%, though it has dipped 0.74% in the last three months and declined 8.09% over the last six months.
